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GM gained higher rates of return on its benefit funds as a part of the solution. Stock value began to rebound—as of October 30, 2006, GM's market capitalization was about $19.19 billion. GM stock began the year 2006 at $19 a share, near its lowest level since 1982, as many on Wall Street figured the ailing automaker was bound for bankruptcy ...
Website. gm.com. General Motors Company ( GM) [ 2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [ 3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick.
As ranked by total assets, the Chapter 11 reorganization of "new GM" from the old is one of the largest successful corporate reorganizations in U.S. history, and the fourth-largest bankruptcy in U.S. history by total assets, following Lehman Brothers Holdings Inc., Washington Mutual and WorldCom Inc. [14]
GMC (formerly the General Motors Truck Company (1911–1943), or the GMC Truck & Coach Division (1943–1998)) is a division of American automotive manufacturer General Motors (GM) for trucks and utility vehicles. GMC currently makes SUVs, pickup trucks, vans, and light-duty trucks. In the past, GMC also produced fire trucks, ambulances, heavy ...
Beijing Jeep (1984–1987) American Motors Corporation ( AMC; commonly referred to as American Motors) was an American automobile manufacturing company formed by the merger of Nash-Kelvinator Corporation and Hudson Motor Car Company on May 1, 1954. At the time, it was the largest corporate merger in U.S. history.
Height. 60.0 in (1,524 mm) [ 1] Curb weight. 3521 lb (1597 kg) The GMC Syclone is a high-performance version of the GMC Sonoma pickup truck. Produced in 1991 by GMC along with Production Automotive Services (PAS) —the same company credited with building the 1989 Pontiac Turbo Trans Am —the GMC Syclone was the fastest production truck for 1991.
Full-size body-on-frame SUV. Available in rear-wheel drive or four-wheel drive. Closely related to the Chevrolet Tahoe and Cadillac Escalade . YUKON XL. Yukon XL. 2000. 2021. –. Extended-wheelbase version of the Yukon.
Between 2020 and 2025, GM plans to invest $35 billion in electric vehicle and autonomous vehicle product development, exceeding its gas and diesel spend. The company plans to introduce the ...